Enterprise Investors – acquisition of stake in Tahe Outdoors

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Advised Enterprise Investors, one of the largest private equity and venture capital firms in Central and Eastern Europe, on acquisition of 32.4% stake in Tahe Outdoors.

The Firm assisted the investor with the due diligence review of Tahe group, structuring the transaction as well as preparation and negotiating the transaction documents.

The transaction was fascinating both because it was the second investment in Estonia by this CEE private equity giant (Tallinn office of TGS Baltic advised the sellers in the first investment transaction), and because of the very specific industry of the target – one of the Europe’s largest producers of kayaking equipment, headquartered in Estonia.

Tahe Outdoors is the leading European manufacturer and distributor of high quality watersports equipment, headquartered in Estonia. The company operates two factories in Estonia and one in France, and its sales network covers over 35 countries.

Lead Partner: Rolan Jankelevitsh
Other team members: Piret Jesse, Imbi Jürgen, Marit Savi, Tanel Tark